Alliance Trust Savings top 20 most popular investment trusts
Alliance Trust Savings has published the 20 most popular investment trusts purchased in the first six months of the year on its i.nvest platform.
Alliance Trust PLC tops the list with Scottish Mortgage Investment Trust and Edinburgh Investment Trust ranked second and third respectively.
Through the Alliance Trust Savings i.nvest platform, investors have a whole of market investment trust offering to choose from and currently 30 investment trusts are participating in a special offer which means the standard online dealing charge of £12.50 is waived. The top three purchased trusts in the first six months of 2011 are participating in the promotional offer.
As well as the investment trust special offer, Alliance Trust Savings is also waiving the annual administration charge for new customers on their Select SIPP until February 2012. As an added bonus, their standard transfer in fee of £50+VAT is being waived for both new and existing customers. These great offers are only available until 29 July 2011.
Top 20 Investment Trusts - By Gross Fund Inflow (1 January - 30 June 2011)
1 Alliance Trust Plc
2 Scottish Mortgage Investment Trust
3 Edinburgh Investment Trust
4 Templeton Emerging Markets Investment Trust
5 Murray International Trust
6 Rit Capital Partners
7 Merchants Trust
8 Personal Assets Trust
9 Temple Bar Investment Trust
10 City Of London Investment Trust
11 Law Debenture Corp
12 Scot Oriental Smaller Companies Trust
13 British Empire Securities & General Trust
14 Blackrock World Mining Trust
15 City Natural Resources High Yield Trust
16 Caledonia Investments
17 Ruffer Investment Company
18 Perpetual Income & Growth Investment Trust
19 Aberdeen Asian Smaller Companies Investment Trust
20 Scottish American Investment Company
Malcolm Dodds, Head of Investment Trust Services at Alliance Trust Savings commented: "Originally our investment trust special offer was due to end on 15 June but due to the positive response from customers, we have extended the offer until 29 July 2011 to give customers as much time as possible to take advantage and save money.
"Our customers continue to show a real appetite for investment trusts and the special offer terms currently available. The combination of our free dealing offer and also waiving our SIPP annual and transfer in fees makes it an ideal time to buy investment trusts."